A) Hunting and gathering B) Large scale manufacturing C) The barter system D) Subsistence agriculture
A) Having the same occupation as their parents B) Serving in government assemblies C) Establishing a mercantile system of trade D) Working in an industrialized cities
A) Manufacturers of industrial goods control the resources B) Supply and demand are determined by consumers of foodstuffs C) Officials of the government control all aspects of economic activity D) Wholesalers of agricultural goods make most of the decisions ![]()
A) Command, Mixed, Free Enterprise B) Free Enterprise, Mixed, Command C) Mixed, Command, Free Enterprise D) Free Enterprise, Command, Mixed
A) The government ownership, control and regulation of property B) The organization of workers’ unions in industrialized nations C) The restoration of a bartering system in developing countries D) The privatization of business and production of goods and services
A) Prices are fixed by agreements among business leaders and labor unions B) The government sets the prices of products and the quantity of goods C) All industries except smaller businesses are controlled by the government D) Prices change according to changes in the supply and demand for products
A) Resources are allocated by government decisions B) There is a high rate of unemployment C) A variety of economic incentives encourage business growth D) Prices are set by consumers
A) Trade policies mandated that imports exceed exports B) The success of the agricultural sector controls the manufacturer's goods C) They determine the type and quantity of goods to be produced through Five Year Plans D) They allow the laws of supply and demand to control the economy
A) Free Enterprise B) Socialist C) Traditional D) Communist
A) Consumers B) Farmers C) Government officials D) Bankers |